Fast Facts

  • SCRA is a public, nonprofit corporation chartered by the South Carolina legislature in 1983.
  • SCRA has an investment affiliate, SC Launch Inc., for Member Companies on a strong growth track to receive investments.
  • SCRA Member Companies that receive investments are called SC Launch Inc. Portfolio Companies.
  • SCRA provides coaching, grant funding, industry matchmaking, and custom-designed facilities for tech-based startups and academic-based research and development projects.
  • SCRA contributed over $1.19 billion dollars to South Carolina’s economy in 2023.
  • SCRA’s programs and operations supported 5,825 South Carolina-based jobs in 2023, with an average salary of over $91,000, which is 70% higher than the state’s average.
  • SCRA awarded $4.8 million in grants and investments to grow tech-based startups, and academic-based research and development projects,  commercialize technology, and assist tech-based startups moving operations to South Carolina.
  • SCRA has helped SCRA Member Companies, and SC Launch Inc. Portfolio Companies secure more than $2.66 billion in follow-on funding since 2006.

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SCRA is a public, non-profit corporation chartered in 1983 by the State of South Carolina.

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